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Young and old march in unity and fear at French pension change

Business / Economy Dec 6, 2019

Young and old march in unity and fear at French pension change

Anger, solidarity, tear gas and frozen noses. That pretty well sums up the atmosphere inside Thursday's mass Paris protest by demonstrators from across the generations against the government's retirement reform plans. The march through eastern Paris was a mishmash of social discontent, as disparate segments of ...

BOJ policymaker calls on banks to downsize for profitability

Business / Economy Dec 5, 2019

BOJ policymaker calls on banks to downsize for profitability

A Bank of Japan Policy Board member urged banks Thursday to downsize in number and asset holdings to become more profitable, pointing to structural factors, rather than the BOJ's easing policy, as being behind the deterioration in their profitability. In a speech to business leaders ...

Upper House approves U.S.-Japan trade deal

Business / Economy Dec 4, 2019

Upper House approves U.S.-Japan trade deal

The Diet approved a trade deal with the United States on Wednesday that slashes tariffs on farm and industrial goods, clearing the way for its entry into force at the beginning of next year. The deal, agreed to by Prime Minister Shinzo Abe and U.S. ...

Japan to extend tax cuts for 3/11-hit companies

Business / Economy Dec 1, 2019

Japan to extend tax cuts for 3/11-hit companies

The government and ruling camp are discussing an extension of special tax cuts for companies in areas affected by the March 2011 disasters in Tohoku, according to informed sources. The tax breaks are set to expire at the end of fiscal 2020 through March 2021. Given ...

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